Bankruptcy law has evolved into a volume business for most attorneys which specialize in the bankruptcy field. Bankruptcy firms handle many cases, and the average person can afford to hire a bankruptcy lawyer. In most cases, the average debtor who files bankruptcy works exclusively with paralegals and assistants and sees the lawyer only during court appearances.
Can you file a bankruptcy without a lawyer? Misunderstanding of the process is one reason many bankrupt debtors want to file Pro Se. The Latin words Pro Se literally means in English “for oneself.” Filing bankruptcy Pro Se is when you do not enlist the paid help of an attorney.
Anyone can file for bankruptcy protection without the aid of a lawyer. There is no law that says you cannot file Pro Se. Filing Pro Se can be effective and cost efficient for some people, but filing Pro Se is not for everyone. If you can read well, retain what you read, are detail oriented, and have a good mind for understanding the nuances of what you have read, then you might be a good candidate to file Pro Se.
Bankruptcy laws are sometimes complicated. Stress is also a factor you might want to consider before filing. If you are bankruptcy, adding the additional responsibilities of learning all you will need to know to file bankruptcy for yourself will be time consuming and pressure packed. The process can overwhelm many individuals who are not prepared. Keep in mind, certain mistakes can cause a case to be dismissed or add additional costs.
Here are some pros and cons for filing a bankruptcy Pro Se or using a bankruptcy attorney:
- You can save the cost of an attorney if you file Pro Se. Depending on the type of bankruptcy, the average cost in the United States for hiring an attorney has cost $750 or more.
- Filing Pro Se can be a rewarding learning experience, but the experience can be time consuming and stressful.
- Sometimes it can be cheaper in the long run to hire a bankruptcy attorney. A lack of experience almost always causes errors, and errors can cost you money.
- Bankruptcy attorneys normally have experience with the system. They understand the ins and outs that might save time and money. They are normally familiar with the local bankruptcy court, the judges, and the trustees.
- Bankruptcy attorneys can act as your adversary, for instance, when a creditor or trustee objects to your bankruptcy plan.
- Filing Pro Se puts you in control of your time, and you always know where your team is during the process. Good communication can accomplish the same thing with a law firm, and you should have more free time.
- Bankruptcy lawyers have special training and know the right questions to ask. Do you know the right questions to ask when filing Pro Se?
Whether you file Pro Se or not is a personal choice. If you need relief from the stress of debt and you live in or around the metropolitan area of Tulsa, Oklahoma, contact us at www.bankruptcyhome.com . We will help you find a bankruptcy lawyer in your area who will answer your bankruptcy questions.